For sale
$525,000
Industrial property
17,380 SF building1.2 acres lot
$30/SF (asking price ÷ building area)
1004 E Hwy 54Guymon, OK 73942
Listing courtesy of Henry Hinds Realty LLC · MyStateMLS #12042667
For sale
$385,000
0.07 acres
119 Jackson St.Hugo, OK 74743
Industrial property (from the listing description) · Warehouse · MLS 11659469 · Listed 260 days ago (Feb 17, 2026)
Active: Listed and available according to the MyStateMLS feed.
About this property
Fully Restored Historic Mixed-Use Investment True NNN | 11.5% Cap Rate | No Deferred Maintenance Located in the heart of downtown Hugo, this completely reimagined historic building offers exceptional craftsmanship, modern infrastructure, and stable income - all in one turnkey investment. Annual NNN Income:$44,900 Asking Price: $385,000 Cap Rate:~11.5% This is not a surface remodel - this is a full systems rebuild with premium custom finishes throughout. Major Capital Improvements Spray Acrylic Roof (rare and highly valuable) All New Electrical Throughout All New Plumbing Throughout Energy-Efficient HVAC Systems R-38 Insulation in Commercial Ceiling All New Low-E Commercial Glass Custom Iron Commercial Entry Door LED Lighting & Custom Antique Ceiling Fans Zero deferred maintenance. Built for long-term performance and efficiency. 1,700 SF Commercial Space (Triple Net Leased) Fully renovated professional space with modern systems, energy efficiency, and strong street presence. True NNN structure provides passive income with minimal landlord responsibility. 1,350 SF Luxury Loft - A True Showpiece The upstairs loft is where historic character meets custom craftsmanship. The centerpiece is aone-of-a-kind live-edge sycamore slab staircase, handcrafted and paired with industrial stainless steel cable railing. The upper landing overlooks the main level below, highlighted by an oversized warehouse-style ceiling fan - creating dramatic vertical space and architectural impact rarely seen in properties of this size. Additional luxury features include: Custom soft-close cabinetry High-end custom tile work throughout Upstairs laundry Expansive primary suite with large walk-in closet Spa-inspired master bath featuring: Oversized soaking tub with chandelier Large walk-in shower with seamless glass enclosure Backlit & heated mirrors This loft is not typical downtown living - it is a designer-quality space built with intention and detail. Investment Highlights Strong 11.5%+ cap rate True passive NNN income Fully modernized historic structure New foam and spray Acrylic roof High-efficiency upgrades throughout Premium residential component adds long-term upside Location: 2 hours from Dallas Tx, 3 hours from OKlahoma City Ok , 1 hour from Durant Oklahoma, 1 1/2 hour from Sherman/Denison Tx , 1 hour from resort town Hochatown/Brokenbow lake. This property stands apart from typical small-market investments. This property already has a full multi year Medical tenant in place. It offers institutional-level renovation quality combined with stable cash flow and architectural character that cannot be duplicated. Additional properties on same block to build out the whole street downtown. Don't miss out on this unique opportunity to own buildings in a great location in this growing community. Several large industrial project slated for 2026 through 2029 will bring substantial economic development. Financials available upon request.
Description provided by the listing brokerage.
Key facts
- Asking price
- $385,000
- Status
- For sale
- Property type
- IndustrialFrom the listing description
- Land area
- 0.07 acresSource field LotSizeSquareFeet
- MLS number
- 11659469
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $385,000
Building and site
- Year renovated
- 2025Source field RenovationYear_C
- Reported zoning
- CommercialAs reported by the listing. Confirm permitted uses for your plans with the local zoning authority.
- County
- Choctaw County
Investment figures reported in the description
- Cap rate
- 11.5% (actual or pro forma not stated)"…xed-use investment true nnn | 11.5% cap rate | no deferred maintenanc…"
These figures are as written by the listing agent, without a stated period or supporting statements. Commercial Only does not calculate or verify them. Ask for rent rolls, operating statements and leases before relying on any figure.
Listing details
Heating
- Electric
Construction
- Brick
Roof
- Flat
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Hugo or industrial property in Hugo.
Why this listing is on Commercial Only
- Property type as the listing describes it. (description: "…evel below, highlighted by an oversized warehouse-style ceiling fan - creating dramatic v…")
- MLS property class detail. (PropertyTypeDetail: comm-building)
How listings qualify. Something wrong? Report it.
Price and status history
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
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Guides
Listing courtesy of Mossy Oak Properties - Oklahoma AgRec Land, LLC. Listing agent: Michael Daniels. Listings provided by MyStateMLS.
Listing last modified at the source Aug 21, 2026, 8:05 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 12:30 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.